All City & finance articles – Page 231
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News
Christmas 'reinforced case' for Sainsbury's Argos buy
Sainsbury’s boss Mike Coupe insists the grocer’s Christmas performance has “reinforced the case” it made to acquire Argos.
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News
Lidl hails 'successful' Christmas amid expansion drive
Lidl has hailed its “most successful” Christmas trading period and reaffirmed plans to open up to 50 new stores this year.
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News
Sainsbury's posts flat third quarter like-for-likes
Sainsbury’s has posted flat like-for-like sales during the golden quarter as its non-food offer delivered a “strong” performance.
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News
Majestic Wine hires new chief customer officer
Majestic Wine has drafted in a new chief customer officer as it presses ahead with a drive to boost customer service and shopper loyalty.
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Analysis
Analysis: How Morrisons delivered a Merry Christmas
Morrisons had been expected to post positive like-for-like sales during the Christmas trading period, but its consensus-busting performance took many by surprise.
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News
Today in retail: Morrisons' extra festive cheer surprises
So how did Morrisons achieve its best Christmas in seven years?
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Analysis
Opinion: Will a brands sale focus Sports Direct?
For some time now, Mike Ashley has been aware that drastic action is needed at his beloved Sports Direct.
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News
Co-op hails 'outstanding' Christmas sales growth
The Co-op has hailed an “outstanding” Christmas after increased availability and the success of its own-label ranges drove sales.
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News
Majestic Wine Christmas sales jump in 'tough market'
Majestic Wine recorded its “biggest ever” Christmas in like-for-like sales as the specialist retailer cut its prices to compete with the discounters.
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News
Morrisons' Christmas like-for-likes hit seven-year high
Morrisons has reported soaring like-for-like sales during the festive period driven by its fresh food offer and premium ranges.
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News
Breakfast briefing: Matalan, retail sales and more
Retail news round-up: Matalan reports rise in sales, and last-minute Christmas rush boosts UK retail sales
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News
Mike Ashley claims Odey backing is 'highly significant'
Sports Direct boss Mike Ashley has welcomed backing from one of the retailer’s key investors and said the support is “highly significant”.
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News
Today in retail: Aldi brings good tidings for discounters
Aldi proved plenty of soothsayers wrong today, hitting back at the weekend’s gloomy headlines by grabbing plenty of positive column inches with its best-ever Christmas.
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News
Aldi’s premium ranges drive Christmas sales spike
Aldi has posted a jump in December sales, driven by the success of its expanded luxury ranges.
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News
Boohoo.com bid for Nasty Gal moves step closer
Boohoo.com’s acquisition of US brand Nasty Gal has moved a step closer after the US Bankruptcy Court approved the process to sell its assets.
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News
Maplin Christmas sales soar as drones take off
Maplin has hailed “one of its strongest Christmas trading periods” as drones helped sales fly during the golden quarter.
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Analysis
Listen: Top economist Bootle on Brexit and 2017 outlook
Retailers should prepare for a slowdown in consumer spending this year but it may not be as bad as feared, believes leading economist Roger Bootle.
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News
Mountain Warehouse toasts bumper Christmas sales
Outdoor clothing specialist Mountain Warehouse has toasted an “outstanding” Christmas trading performance as like-for-likes jumped 13.6%, Retail Week can reveal.
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Video
The Retail Week: Next, B&M Bargains and grocery results
The Retail Week team sits down to discuss the first results to come in after Christmas and look ahead to how the grocers will fare.
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News
HMV and Staples owner Hilco names Henry Foster as new boss
HMV owner Hilco Capital has appointed Henry Foster as its new chief executive, replacing Paul McGowan at the helm.